4 Messervy Street
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 13, 2025 | Sold | ||
| Sold | |||
| Nov 30, 2024 | In contract | - | |
| In contract | |||
| Nov 18, 2024 | Listed by RE/MAX 360 | $500,000 | |
| Listed by RE/MAX 360 | |||
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Opportunity to purchase a wonderful 5 BR ,1 bath home w/ fenced yard, 2 off street parking spots, nice sized lot close to downtown & waterfront. Perfect home for a buyer to update this a maintained home that's been in the same family for 50+ years. First floor has a bedroom w/ laminate flooring, living room w/ wall to wall carpet, dinning room w/ vinyl flooring, kitchen has vinyl flooring & walk-in pantry, & tiled full bathroom off kitchen. Covered porch off side rear entrance leads to yard. Second floor has 4 additional bedrooms, 2 w/out radiators.(3 carpeted & 1 w/ vinyl flooring). Home has vinyl siding w/ windows replaced in 2011, roof replaced in 2014, hot water heater in 2015, & newer high efficiency furnace. Allow 48 hours for response to offers.
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